10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | CN¥4.3B | -CN¥39M | 19.6% | -2.0% | -4.4% | -1.3% | CN¥175M | — | CN¥925M |
| 2024 | CN¥3.3B | -CN¥193M | 15.2% | -7.6% | -20.7% | -7.4% | -CN¥67M | — | CN¥630M |
| 2023 | CN¥2.7B | -CN¥272M | 21.5% | -12.0% | -24.9% | -12.4% | CN¥15M | — | CN¥873M |
| 2022 | CN¥3.2B | -CN¥49M | 21.1% | -2.8% | -3.8% | -1.9% | -CN¥257M | — | CN¥534M |
| 2021 | CN¥3.7B | CN¥226M | 21.9% | 6.8% | 17.9% | 9.3% | CN¥48M | — | CN¥208M |
| 2020 | CN¥2.4B | CN¥169M | 22.9% | 7.0% | 17.0% | 9.1% | — | — | CN¥227M |
| 2019 | CN¥2.1B | CN¥190M | 23.4% | 9.0% | 24.0% | 12.6% | — | — | — |
| 2018 | CN¥1.5B | -CN¥349M | 13.4% | -21.3% | -61.2% | -29.4% | -CN¥23M | — | — |
| 2017 | CN¥769M | -CN¥185M | 7.1% | -18.4% | 56.8% | -36.7% | CN¥57M | — | — |
| 2016 | CN¥355M | -CN¥233M | -3.6% | -63.8% | 109.2% | — | -CN¥133M | — | — |
Over the past 5 years, Niu Technologies's revenue has grown 12.0% per year. These are computed facts, not advice.
As of FY2025, Niu Technologies reported — of total debt against CN¥925M of cash; operating income covered interest expense -14.4×.
In FY2025, gross margin was 19.6%, operating margin -2.0%, and net margin -0.9%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.